Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITC
Fri, Feb 9, 2024 10:17 AM

Hot Stocks: Brokerage view on Page Industries, Zomato, Lupin and ITC

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Brokerage firm Jefferies downgraded ITC to hold and upgraded Lupin after their Q3 results. Macquarie maintained an underperform rating for Zomato and an overweight rating for Page Industries. Jefferies believes that the factors that drove ITC's growth have played out and there is uncertainty due to upcoming budgets and BAT's plans to sell stake. Lupin's recent India growth and lack of competition.

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